Rulemaking

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75-5-1105. Rulemaking. The department and the department of natural resources and conservation may adopt rules to implement the provisions of this part, including rules:

(1) prescribing the form and content of applications for loans and refinancing agreements;

(2) governing the application of the criteria for awarding loans;

(3) establishing additional terms and conditions for the making of loans and the security instruments and other necessary agreements; and

(4) establishing ceilings on the amount of individual loans to be made to municipalities and private persons, if considered appropriate and necessary for the successful administration of the program.

History: En. Sec. 9, Ch. 678, L. 1989; amd. Sec. 186, Ch. 418, L. 1995; amd. Sec. 6, Ch. 538, L. 1997.


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